What is a HELCO?

Banking
Effortless checking, maximum benefits

Our Share Draft checking account has no minimum balance, no fees, no transaction limits, no monthly service charges and YOU CAN EARN DIVIDENDS!

Click Here
Loans
Need new wheels?

We can help you purchase all kinds of vehicles: cars, trucks, motorcycles, ATVs, RVs, motor homes, boats…

Apply Now!
Business
A business banking program that works hard for you!

Our flexible, convenient Business Banking accounts never take a day off.

Apply Now!
Insure
Everything We Do Benefits YOU

Protect what matters most!

Learn More
Benefits
Bank on the go.

Your phone is your bank – secure mobile banking services to manage your money.

Learn More
Why Us
Everything We Do Benefits YOU

You’re not just a customer, you are a MEMBER and an OWNER

Learn More

A home equity line of credit is a great source of available cash with a low interest rate

Borrow up to 100% of your home’s value, minus your mortgage balance
No closing on $50,000 or less
HELOCs may be tax deductible; ask your tax advisor for information
Draw money from your HELOC as needed
Interest only draw period for 10 years
Accessible online banking

For HELOC call Kateyann Winstead at 901.452.7900 ext. 3021

*Offer valid from 10/01/2024 to 12/31/2024 and is subject to change or withdrawal without notice. Please see us for complete details. Does not apply to existing SSFCU home equity lines of credit (HELOC) or home equity loans. 6.99% APR (Annual Percentage Rate) is valid for 6 months. After 6 months the rate will revert to the one for which you qualify when the loan closes, which is a variable rate based on Prime Rate plus a margin of 0% to 3% determined by the LTV. Maximum LTV is 100%. Maximum APR is 18.00% and Minimum APR is 11.00% for 100% LTV; Maximum APR is 18.00% and Minimum APR is 8.00% for 80% LTV. Balances cannot be transferred from existing SSFCU loans or credit cards to an SSFCU HELOC. Loans are subject to approval criteria, not all applicants will qualify. Equal housing lender.

Apply Here